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Fortunately, if you’re looking to apply for a business credit card without revealing too much personal information, there’s a workaround to explore that allows you to pick up a business credit ...
John M. McNamara (born 1940) [1] [2] is an American former businessman who was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.
If you don’t qualify for an unsecured business credit card, consider a secured business credit card. The credit lines are usually the same as the deposit, so if you put down $500, that’s your ...
Since the card doesn't cost your business anything, getting and keeping a no-annual-fee card open is a great way to build business credit. You won't need to worry about finding ways to offset the ...
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%. [41]
3. Open a Business Credit Card. The next step is to open a business credit card and manage it responsibly. Doing this consistently over time is an excellent way to build your business credit.
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